The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-11-09
CIEARINus.



New York and cities north and east, on
demand s. discount buying par selling.
New York and principal cities north and
east, three days grace, 81 discount buying
par selling, New orleans, g. discount buy
ing par selling.
The local cotton market closed strong 10.
day, with sales Of ilO0 bales. New Orleans
spots were quiet and firm with futures clos
ing firm. November upl point and other
months 10 points Liverpool closed bust
ness good at hardening rates; midding mp.
lands and orleans advanced ID aud futures
went up I to points No reports were ~
cciyod from New York, Il being State cleo
ton holiday and all exchanges were closed,
Chicago also celebrated holiday, owing To
the holdng Of the Cook county election, aud
no market reports were received
The IMPORT Of the New Orleans Cotton
World, issued on saturday and giving hnAl
estimate Of the cotton crop Of the United
States for the current year was a genuine
surprise 20 the tradc. The total put forth ~
0,225,ooo bales was far below current esti-
mates. There were very few who were ~ low
r050o0oo bales and grca, many who wcrc
above q, 10000.
The local markets were fcaturclcss today
and but iex changes Ia quotations, aud these
Of very unimporiant character were made.
As 10 tide Cotton Worlds estimate of the
cotton crop, the Commercial Bulletin uf
latest date says "Sincc Tuesday last rumors
have prevailed that the semi official estimate
prepared by the Cotton World at New Or.
leans would appear today aud show some.
thing between G.5ooOoO aud 100000 bale,
Even those figures had slightly strengthen.
ing influence, hut when the wire thi, morning
brought an estimate of 4. ~ 1is bales the II.
feet may be imagined. The remarkable low
fgnrc of the crop estimates from New Orleans
now put forth naturally draws out much
criticism. and not a few II the trade de.
nouncc the figure as not only oycrsirnncd
but lacking support fOm any general show.
Ing NJ yet made but Il has had lis effect for
the time being aud emphasize, the Idea that
the market responds Ia buoyant influences
with r'uch prumpincss. The limited
amount 81 trading in spots hardly formed
basis ior market hut sympathy with con.
tract lcd 20 an advance of .c In quotations "
The BmdsiW,t agency reports 90 failures
In the United State, during the week ending
November g. ls,5, against 2l3 In the proceed.
ing week aud 2i1, i5o, - and lo5 In the
corresponding weeks II 1854. 1855, 1884 aud
iss1 respectively Middle States. ~. New
England States, %. Southern States, 20.
Western States a. Pacific State. aud Ter.
rtoric-. &c. Canada, ~ total In the United
State and Canada, 30
IMPORTS.
one hundred and twenty I've brls applcs
20 ~ bran. ~ pkgs butter 80 rolls hng
Eing ~ pigs bacon i,O17 pkrs boots and
shocl iup bu corn, 7ia pkks cheese, $50 ~.
coffee 2IHl Is cotton seed, q cars cotton
seed 30 hrls cement, ~ pkgs dry goods
~ pkg eggs. - brls nour, daj bale, hhy, A.
pkgs hats ~ head hogs, ~ head sheep
LOG head cattle - head horses and mules
20 pkg lard. iNup feet lumber. 2iO pkg
liquor 3ul hris lime. 80 bfls meal, ~
bfls mplasscs, $50 kcrs nails AuDO bu oats
10 brls onions. $50 hrs putntucs II ears pork
side, y pkg, rice. 40 hrls sugar. $40 pkg.
tobacco and co bu wheat
ELEyATuR REPORTS.
The following shows the amount ~ grain
received, Withdrawn and IN sloru hy regular
elevators. M reported a. the Merchants eN
change today Whca, Ia store, innis hu
Corn Withdrawn 10 bu. in store. g51 bu
Oats received Gis bu. Withdrawn, $40 bu. 10
store VI, $50 bu.
Bonds and stocks.